Seagate Technology PLC (STX)

Debt-to-capital ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands -1,491,000 -1,199,000 109,000 631,000
Debt-to-capital ratio 0.00 0.00

June 30, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —

The debt-to-capital ratio of Seagate Technology PLC, as of the available data, indicates that the company maintained a debt-to-capital ratio of zero on June 30, 2021, and June 30, 2022. This suggests that during these periods, Seagate did not have any reported debt relative to its total capital, reflecting a fully equity-financed capital structure at those points in time.

The data for June 30, 2023, through June 30, 2025, is marked with an em dash (—), indicating that either the ratio was not reported or unavailable for these periods. It is possible that the company’s debt-to-capital ratio remained at or near zero during these fiscal years, or that the company may have adopted a different reporting approach, thereby not providing this ratio explicitly in the data set.

Overall, the historical figures imply a conservative capital structure with no observable leverage, at least up to June 2022. The absence of subsequent data precludes assessment of potential changes in leverage levels beyond that date.


Peer comparison

Jun 30, 2025

Company name
Symbol
Debt-to-capital ratio
Seagate Technology PLC
STX
NetApp Inc
NTAP
0.00
Pure Storage Inc
PSTG
0.00
Western Digital Corporation
WDC
0.00